Negotiation Workshop Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04221575 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2019

for

Negotiation Workshop Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

DAS Bryson

REGISTERED OFFICE:

Kenton House

Oxford Street

Moreton-in-Marsh

Gloucestershire

GL56 0LA

REGISTERED NUMBER:

04221575 (England and Wales)

ACCOUNTANTS:

Tayabali Tomlin

Chartered Accountants

Kenton House

Oxford Street

Moreton-in-Marsh

Gloucestershire

GL56 0LA

FIXED ASSETS

Tangible assets

4

-

212

CURRENT ASSETS

Debtors

5

3,781

9,548

Cash at bank

320

179

4,101

9,727

CREDITORS

Amounts falling due within one year

6

2,248

1,188

NET CURRENT ASSETS

1,853

8,539

TOTAL ASSETS LESS CURRENT LIABILITIES

1,853

8,751

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,851

8,749

SHAREHOLDERS' FUNDS

1,853

8,751

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 14 December 2019 and were signed by:

DAS Bryson - Director

1.	STATUTORY INFORMATION

Negotiation Workshop Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 June 2018

and 31 May 2019

5,192

4,790

9,982

DEPRECIATION

At 1 June 2018

5,192

4,578

9,770

Charge for year

-

212

212

At 31 May 2019

5,192

4,790

9,982

NET BOOK VALUE

At 31 May 2019

-

-

-

At 31 May 2018

-

212

212

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

3,781

9,548

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Taxation and social security

758

-

Other creditors

1,490

1,188

2,248

1,188

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £18,000 (2018 - £10,000) were paid to the director .